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john boehner is meeting with president obama at the white house. we have new signs today that the gop's support is crumbling. and they called it the crime of the century. five young men convicted of a heinous assault in new york's central park. the only problem sfwh they didn't do it. >>> once a juvenile is broken down, you can basically tell him anything. and, you know, they fed me the names. >> my interview with the central park five, a powerful story of injustice and fighting for what's right. you're watching po ining "polit nation" on msnbc. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerew
john boehner is meeting with president obama at the white house. we have new signs today that the gop's support is crumbling. and they called it the crime of the century. five young men convicted of a heinous assault in new york's central park. the only problem sfwh they didn't do it. >>> once a juvenile is broken down, you can basically tell him anything. and, you know, they fed me the names. >> my interview with the central park five, a powerful story of injustice and fighting...
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john boehner is meeting with president obama on the fiscal cliff as we speak. those are the headlines. tonight in "the war room," you'll get the story. ♪ which side are you on, boy ♪ ♪ which side are you on ♪ >> jennifer: let's start tonight with one of california's most significant contributions to the world... blue jeans! during the gold rush, bavarian immigrant began making durable cotton pants for miners seeking their fortune in the california hills. that man was levi strauss. now, 140 years later 450 million pairs of jeans are sold every year in the u.s. alone. now, you would think with that volume, the manufacturing process would be totally mechanized but actually a lot of it is still done by hand. a typical pair of jeans is made from 15 individual pieces, someone has to oversee cutting all of those pieces and sew them together and as you can see in this discovery channel documentary, the seams get ironed out flat then the zipper and the rivets are attached and finally, because who wants new-looking jeans they get distressed. workers put them on g
john boehner is meeting with president obama on the fiscal cliff as we speak. those are the headlines. tonight in "the war room," you'll get the story. ♪ which side are you on, boy ♪ ♪ which side are you on ♪ >> jennifer: let's start tonight with one of california's most significant contributions to the world... blue jeans! during the gold rush, bavarian immigrant began making durable cotton pants for miners seeking their fortune in the california hills. that man was...
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president obama met again today with house speaker john boehner but can boehner deliver his caucus? that's the toughest job for him and for the country. can he deliver enough republicans to be a respectable republican leader in this is "hardball," the place for politics. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ it's so great to see you. you, too! oh, cloudy glasses. you didn't have to come over! actually, honey, i think i did... oh? you did? whoa, ladies, easy. hi. cascade kitchen counselor. we can help avoid this with cascade complete pacs. see, over time, cascade complete pacs fight film buildup two times better than finish quantum. to help leave glasses sparkling shiny! too bad it doesn't work on windows. okay, i'm outta here. cascade. the clear choice. >>> tonight i'll be spea
president obama met again today with house speaker john boehner but can boehner deliver his caucus? that's the toughest job for him and for the country. can he deliver enough republicans to be a respectable republican leader in this is "hardball," the place for politics. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case...
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next, speaker john boehner set to visit the white house within the hour on this busy day. stay with us. [ male announcer ] this is sheldon, whose long dy setting up the news starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. >>> an extremely busy day in washington. the president and john boehner are due to meet at the top of the hour for urgent talks on the fiscal cliff. and with 12 days to christmas, boehner has had his 12 drummers drumming to the beat of spending is the problem. boehner started the day with a chart prepared by drummer boy paul ryan and after taking the serious step of launching a twitter hash tag, he declared that the president is not serious about the debt. >> here we are at the 11th hour and the president still isn't serious about dealing with this issue right here. it's this issue, spending. >> are you feeling the christmas spirit yet? well, despite the strife, the president's kept his holiday cheer. >> how are you fee
next, speaker john boehner set to visit the white house within the hour on this busy day. stay with us. [ male announcer ] this is sheldon, whose long dy setting up the news starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. >>> an extremely busy day in washington. the president and john boehner are due to meet at the top of the hour for urgent talks on...
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boehner says $800 billion. in the olden days they would just split the different at 1.2 trillion, come up with some number in between. is that likely this time? >> well, that's the number that has been banting around. it does seem like an obvious ending point for the president on revenue. but the speaker is looking, don't forget, for a different number on cuts. what will the president do on spending cuts. and today senator daughter bin said thdurbin would not be ableo increase the retirement age from medicare and that was something of a blow for the gop. they were surprised to hear that. the white house in the briefing said that's not true. that's not a position the white house has ado. so different sides on that position. probably speaker boehner will want to hear what the president has to say on that, wolf. >> thanksery much. stay on top of i and let us know when you hear from speaker boehner. >>> the other top story we're following right now, the bombshell announcement a little while ago that susan rice is w
boehner says $800 billion. in the olden days they would just split the different at 1.2 trillion, come up with some number in between. is that likely this time? >> well, that's the number that has been banting around. it does seem like an obvious ending point for the president on revenue. but the speaker is looking, don't forget, for a different number on cuts. what will the president do on spending cuts. and today senator daughter bin said thdurbin would not be ableo increase the...
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boehner is going home this weekend. that is not a good sign. >> speaking of bain and speaking of the republicans, one thing you and your team at first read wrote is that the republicans have already gone off an image cliff. >> yeah. >> given that they think they have or seem to think that they have some leverage around the debt ceiling but isn't it also gonna be humanly unpopular for them to put the country through another debt ceiling nightmare, in particular, in order to try to do something hugely unpopular, which is to take away medicare benefits or cut social security benefits? >> well, nationally, yes. but see, this is where this weird -- not a weird divide, just a fact, the way that the house and senate work. et senators up for re-election that are republican all come from very red states. the members of congress on the ballot in 2014 that are republicans come from places that will not reward compromise but will punish working with the other side, that will reward those sticking to your guns. and that's sort of th
boehner is going home this weekend. that is not a good sign. >> speaking of bain and speaking of the republicans, one thing you and your team at first read wrote is that the republicans have already gone off an image cliff. >> yeah. >> given that they think they have or seem to think that they have some leverage around the debt ceiling but isn't it also gonna be humanly unpopular for them to put the country through another debt ceiling nightmare, in particular, in order to try...
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those are the words of house speaker john boehner. harry reid, the democrats, of course, said we cannot ignore the american people on tax hikes. ron hine on why he says there is still no reason to panic on the cliff. our very own lou dobbs is not buying it. adam: our very own nicole petallides is on the new york stock exchange. where do we stand right now. right now the dow jones industrials are down nearly 60 points. the nasdaq composite is down three quarters of 1%. not a great day here. there are concerns about the fiscal cliff. we just have the deadline timeclock up again. we know that we have very accommodative fed's. let's take a look at some european markets. finance ministers have been discussing things including giving them more power. these are some of the things that they are looking at closely. we had seen europe really pushing some new recent highs. that is something that pushed us along in the last couple days. lori: a showdown in washington. sparring over a dead deal. it does not look like either party is ready to budge
those are the words of house speaker john boehner. harry reid, the democrats, of course, said we cannot ignore the american people on tax hikes. ron hine on why he says there is still no reason to panic on the cliff. our very own lou dobbs is not buying it. adam: our very own nicole petallides is on the new york stock exchange. where do we stand right now. right now the dow jones industrials are down nearly 60 points. the nasdaq composite is down three quarters of 1%. not a great day here....
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what can boehner do? >> i think that a lot of that consternation on the right is going towards john boehner is a little bit overplayed. surely, there are folks who are angry at him, but his speakership is not in any serious jeopardy at this time. what i find interesting here, though, joy, especially coming out of the press conference with speaker boehner just now, is he neglected to answer head on questions about whether or not he would allow a bill that would go to the floor that who lower rates for those making $250,000 or below, and what we're hearing on capitol hill is this idea from republicans that, look, we're not going to win this fight on taxes right now. let's allow the president to have his tax rates on the wealthiest earners go up. however, we're not going to give him a single other priority of his that he would like to see in this type of deal, like unemployment insurance. we're not going to give him anything like a payroll tax cut, and we're going to move to the debt limit in order to try to
what can boehner do? >> i think that a lot of that consternation on the right is going towards john boehner is a little bit overplayed. surely, there are folks who are angry at him, but his speakership is not in any serious jeopardy at this time. what i find interesting here, though, joy, especially coming out of the press conference with speaker boehner just now, is he neglected to answer head on questions about whether or not he would allow a bill that would go to the floor that who...
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jenna: so that's senator durbin responding to also what congressman boehner, speaker boehner said last hour. we brought that to you live as well. there's a lot of back and forth about what's happening in congress right now, where are we with the fiscal cliff negotiations based on these two pressers, it's fair to say probably not close to a negotiation. watch it, by the way, streaming at foxnews.com live, so you can check out for that. now we have a rare opportunity for you. just coming in to us on the newsroom, we have a phoner from aleppo, syria. a friend of the show, we've talked to him before when he came back stateside is in aleppo right now, and he's going to tell us a little bit about what's happening on the ground. barak, can you describe what's happening in that city? >> basically, the rebels hold part of the city, and the regime holds the other part of the city, and the regime shells -- [inaudible] you hear jets in the sky. and it's very, very difficult right now for the civilians to lead a regular life. one man told me today he -- [inaudible] 20 days. people respect having, a
jenna: so that's senator durbin responding to also what congressman boehner, speaker boehner said last hour. we brought that to you live as well. there's a lot of back and forth about what's happening in congress right now, where are we with the fiscal cliff negotiations based on these two pressers, it's fair to say probably not close to a negotiation. watch it, by the way, streaming at foxnews.com live, so you can check out for that. now we have a rare opportunity for you. just coming in to us...
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and more people trust him to handle fiscal cliff negotiations than speaker boehner to handle the pole. poll. is that why people feel he's going to win at least talking about taxes. >> one, the approval rating is very high. two, republicans go either way. whether republicans want to cut a deal and raise taxes just on the rich or whether they won't go with a deal on january 1st, you'll see taxes to rise on everybody. there's a feeling with democrats they're going to win and get what they want either way. this is trufrustrating republic. when i talk to republicans privately, they say this is hugest from trags. the speaker has put $800 billion on the table and said he would go higher than if the president would come along with spending cuts. >> how high are you hearing? >> it's unclear. i think he's just signaling a willingness which many republicans tell me will also end up being a move on the tax rates. but he can't go there with his caucus, unless he has the spending cuts that he can sell $800 billion in revenue, and we're going to get you $800 billion in spending cuts. democrats don't
and more people trust him to handle fiscal cliff negotiations than speaker boehner to handle the pole. poll. is that why people feel he's going to win at least talking about taxes. >> one, the approval rating is very high. two, republicans go either way. whether republicans want to cut a deal and raise taxes just on the rich or whether they won't go with a deal on january 1st, you'll see taxes to rise on everybody. there's a feeling with democrats they're going to win and get what they...
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they talked twice this week and boehner says they still have serious differences. major garrett is at the white house. major, good morning. >> reporter: good morning, charlie and gayle. the knives are coming out in the fiscal cliff process. i don't mean the political ones. today i've learned house members, republican and democrat, received a letter ordering 11% across the board spending cuts in their own office budget to comply with the government line across the board spending cuts if there is no fiscal cliff deal. dealing with those cuts might force some action. that's going to be necessary. the stalemate right now is genuine. president obama wants republicans to commit publicly to raising income tax rates on the top 2% of households. republicans want the president to commit to spending cuts. then they'll talk about raising taxes next year in the context of tax reform but neither side trusts each other's motives or willingness to cut a deal. that lack of trust as well as a lack of shared history of cutting deals is what's blocking progress and preventing a compro
they talked twice this week and boehner says they still have serious differences. major garrett is at the white house. major, good morning. >> reporter: good morning, charlie and gayle. the knives are coming out in the fiscal cliff process. i don't mean the political ones. today i've learned house members, republican and democrat, received a letter ordering 11% across the board spending cuts in their own office budget to comply with the government line across the board spending cuts if...
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the staff of both the white house and house republicans are in touch, but speaker boehner said about his sunday conversation with president obama that it was cordial, and then he said about his tuesday conversation with the president that it was deliberate and frank. so you -- it doesn't take too much to read between the lines there to show you that things are not going that well. they have exchanged another set of counteroffers to no avail, and still at this point there is this impasse over tax rates. the white house, president obama saying that the income tax rate for earnings over a quarter million dollars must go up. republicans saying no and accusing the president of not being specific about spending cuts and entitlement reforms, reform medicare, medicaid and social security. >> so let me ask you a question about this report that we're hearing that the obama administration might be looking at a republican to succeed the defense secretary, leon panetta. who is on that list at this point? >> reporter: yeah, that's right. this is former nebraska senator chuck hagel, a republican. s
the staff of both the white house and house republicans are in touch, but speaker boehner said about his sunday conversation with president obama that it was cordial, and then he said about his tuesday conversation with the president that it was deliberate and frank. so you -- it doesn't take too much to read between the lines there to show you that things are not going that well. they have exchanged another set of counteroffers to no avail, and still at this point there is this impasse over...
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>> want to know about john boehner? >> sure. >> do we have the boehner sound bite? roll it. >> the president and i had a deliberate call yesterday and we spoke honestly and openly about the differences that we face. but the president's calling for $1.4 trillion worth of revenue. that cannot pass the house or the senate. >> we can bring a bill to the floor that the republicans don't have to vote for except for 25. hi to do it as speaker. do you know what it was like for me to bring a bill to the floor to fund the war in iraq? it's tough. but you have to do it. is the point you don't want to put your members on the spot, figure it out. we did. figure it out. >> figure it out, richard, when both sides are dealing with each other in good faith and i think it's important to note that the president was at one point $6 trillion. he's at $1.4 trillion. that ain't nothing. i think that requires john boehner, if we're playing in good faith to publicly go from 800 to 1. send a message and have the battles that we were talking about, michael was talking about, how are you going
>> want to know about john boehner? >> sure. >> do we have the boehner sound bite? roll it. >> the president and i had a deliberate call yesterday and we spoke honestly and openly about the differences that we face. but the president's calling for $1.4 trillion worth of revenue. that cannot pass the house or the senate. >> we can bring a bill to the floor that the republicans don't have to vote for except for 25. hi to do it as speaker. do you know what it was like...
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boehner is holding the line. it's interesting, new fox news poll came out yesterday and people were asked, if income taxes do go up on the top 2% or whatever, should the president agree to make major spending cuts as well? look at that gigantic number. about 90% say yes. only the hard liners, 9%, say no. >> yeah. yeah. that's encouraging and that's more evidence that the president's claim to some sort of broad mandate to hike all taxes, not just income taxes, is not there. and look, look at the medical device tax. now you've got all of these democratic senators who voted into place running from it, screaming bloody murder! they're finally getting the message and i think this really should bolster the tax reform. >> gretchen: it also show that americans realize that just increasing taxes does not fix the problem that america has right now. and what we're passing on to the next generation focusly. real quickly, your thoughts on going green means going broke for some schools. please explain. >> yeah. big energy scam
boehner is holding the line. it's interesting, new fox news poll came out yesterday and people were asked, if income taxes do go up on the top 2% or whatever, should the president agree to make major spending cuts as well? look at that gigantic number. about 90% say yes. only the hard liners, 9%, say no. >> yeah. yeah. that's encouraging and that's more evidence that the president's claim to some sort of broad mandate to hike all taxes, not just income taxes, is not there. and look, look...
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house speaker john boehner is warning his fellow republicans not to make any christmas plans and tea party conservatives are in no mood to negotiate on tax hikes. >> i tell them come to me after you've gotten rid of all the spending. come to me when you get rid of the $3 million you spent last year to watch monkeys on methamphetamine. come to me after you pay for the money you spent on watching a robotic squirrel. >> tracie potts is live with the latest. >> reporter: good morning. no movement to report in the fiscal cliff. we can tell that you across the country mayors and governors are becoming increasingly concerned about the impact back home. there's growing angst on capitol hill over the fiscal cliff. >> figure it out. >> it's really time to get serious. >> reporter: mayors are getting nervous. >> congress needs to act immediately. >> reporter: and the public is worried. in our new nbc/"wall street journal" poll, 70% of democrats and 59% of republicans urge compromise. the country is evenly split over whether that will happen. republicans rejected president obama's latest plan to
house speaker john boehner is warning his fellow republicans not to make any christmas plans and tea party conservatives are in no mood to negotiate on tax hikes. >> i tell them come to me after you've gotten rid of all the spending. come to me when you get rid of the $3 million you spent last year to watch monkeys on methamphetamine. come to me after you pay for the money you spent on watching a robotic squirrel. >> tracie potts is live with the latest. >> reporter: good...
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speaker boehner and the president are still talking, but while the speaker characterized his conversation with the president sunday as cordial, he described his conversation tuesday as frank and deliberate, so decipher that and you realize things that in the last couple of days have deteriorated. both the white house and the speaker were asked about reports that the discussion on tuesday was intense, and that's something that the white house didn't dispute. >> i'd simply say that we confirmed the call. one in a series of conversations as well as a meeting, as you know, recently the president has had with the speaker aimed towards the effort of trying to find some common ground on this important issue. >> i didn't say it was tense. listen, there were some offers that were exchanged back and forth yesterday. the president and i had a pretty frank conversation about just how far apart we are. >> now, the bottom line here, sozoraida zoraida, the president is saying income tax rates for anything over a quarter of a million dollars must increase and the republicans saying no and accusing the wh
speaker boehner and the president are still talking, but while the speaker characterized his conversation with the president sunday as cordial, he described his conversation tuesday as frank and deliberate, so decipher that and you realize things that in the last couple of days have deteriorated. both the white house and the speaker were asked about reports that the discussion on tuesday was intense, and that's something that the white house didn't dispute. >> i'd simply say that we...
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the warning comes after president obama talked with boehner last night on the phone. sources say it was a tense conversation. experts warn of a new recession if a deal can't be reached in 20 days. >>> new jersey governor chris christie says it's ridiculous to say he couldn't be president because of his weight. he pushed back at his critics in an interview with abc's barbara walters. the republican governor is rumored to be considering a bid for the white house in 2016. >>> and, anderson, pope benedict xvi blessed his internet followers in his first tweet today. the pontiff has nearly 1 million followers on this english twitter page alone. and has many other accounts in several other languages. some say he is the coolest pope in history. >> isha, thanks very much. >>> a former u.s.afghanistan. now, his parents fear he may die in a mexican prison. they're pleading for his safe return after what began as a surfing trip, it's turned into a nightma nightmare. w? >>> a new twist in the bizarre story of millionaire internet pioneer john mcafee. police in belize want to quest
the warning comes after president obama talked with boehner last night on the phone. sources say it was a tense conversation. experts warn of a new recession if a deal can't be reached in 20 days. >>> new jersey governor chris christie says it's ridiculous to say he couldn't be president because of his weight. he pushed back at his critics in an interview with abc's barbara walters. the republican governor is rumored to be considering a bid for the white house in 2016. >>>...
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boehner was their leader ostensibly. eric cantor is not undermining boehner in any way. we also have a different context politically. the house republicans maintained the majority but lost seats. i think they realize they can't go through these type of standoffs and continue to hold on to power. they also have cover, importantly, i think, from conservative commentators who are saying, maybe, this isn't the best time to start demanding no rate hikes. i think when the cultures step out there and give you that type of cover, that does give a lot of leeway and it does quiet some of the louder tea party members of the caucus. >> as i said, they had exactly one senator with them today. let's listen to how tough rand ball wants to play this thing. let's listen to this. >> my suggestion to them has been, and i've talked to several members, and you can ask them too, i think we should put forward what we are for. if it gets beyond that and something is going to happen, i think we should encourage those in the house to vote present. let the democrats own this tax increase and it co
boehner was their leader ostensibly. eric cantor is not undermining boehner in any way. we also have a different context politically. the house republicans maintained the majority but lost seats. i think they realize they can't go through these type of standoffs and continue to hold on to power. they also have cover, importantly, i think, from conservative commentators who are saying, maybe, this isn't the best time to start demanding no rate hikes. i think when the cultures step out there and...
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you win for now, boehner. >> bill: "the o'reilly factor" is on. tonight violence breaks out in michigan over the state giving workers the option not to join unions. we'll show you how the networks covered this intense story. >> are you going to be able to raise taxes, yes or no? >> taxes are going to go up one with acor the other. >> bill: miss walters will be here and dennis miller will have some thoughts on the situation. >> we're young -- >> bill: anger growing over new tv program that mocks white people in west virginia. >> whatever happens happens. >> bill: caution, you are about to enter the no spin zone. "the factor" begins right now. >> bill: hi, i'm bill o'reilly. thanks for watching. violence in michigan. that is the subject of this evening's talking points memo. last night i opined that hate speech is a vie lint act because it incites people to harm the target of the speech. now we're seeing speech leading to actual physical violence in michigan. the issue is a new state law that allows michigan work force legally opt out of joining a u
you win for now, boehner. >> bill: "the o'reilly factor" is on. tonight violence breaks out in michigan over the state giving workers the option not to join unions. we'll show you how the networks covered this intense story. >> are you going to be able to raise taxes, yes or no? >> taxes are going to go up one with acor the other. >> bill: miss walters will be here and dennis miller will have some thoughts on the situation. >> we're young -- >>...
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>>> john boehner is telling lawmakers not to make christmas plans. the warning comes after president obama talked about boehner on the phone last night. sources say it was a tense conversation. experts warn of a new recession if a deal can't be reached in 20 days. >>> new jersey governor chris christie says it's ridiculous to say that he couldn't be president because of his weight. the republican governor is rumored to be considering a bid for the white house in 2016. >>> and pope benedict xvi blessed his followers in his first tweet today. he now has one million followers on this twitter page alone and many more account in several other languages. some saying that he's the coolest pope in history. >> isha, thank you. >>> a former u.s. marine served iraq and afghanistan and now his parents fear that he may die in a mexican prison. they are pleading for his safe return after what was a surfing trip. johnny hammar's story just ahead. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right
>>> john boehner is telling lawmakers not to make christmas plans. the warning comes after president obama talked about boehner on the phone last night. sources say it was a tense conversation. experts warn of a new recession if a deal can't be reached in 20 days. >>> new jersey governor chris christie says it's ridiculous to say that he couldn't be president because of his weight. the republican governor is rumored to be considering a bid for the white house in 2016....
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that was sign that the republican leadership is backing up boehner who says there is no deal yet and the president is not moving yet. >> bill: okay. we'll bring it back next week. >> thank you. >> bill: i like the pocket hankie. we have a new poll question. do you believe "the factor"'s christmas controversy coverage is accurate or overblown? we'll give you the results on monday on that. plenty more ahead as "the factor" moves along this evening. barbara walters interviewed president obama yesterday. we'll debrief her on the chat. dennis miller has some things to say about miss walters' most fascinating people list. we hope you'll stay tuned for that report and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? [ engine revs ] ♪ ♪ [ male announcer ] t
that was sign that the republican leadership is backing up boehner who says there is no deal yet and the president is not moving yet. >> bill: okay. we'll bring it back next week. >> thank you. >> bill: i like the pocket hankie. we have a new poll question. do you believe "the factor"'s christmas controversy coverage is accurate or overblown? we'll give you the results on monday on that. plenty more ahead as "the factor" moves along this evening. barbara...
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maybe, a deal that some conservatives say could cost speaker boehner his job. the a-team coming up next. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethinthe core of my portfolio what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. hares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. lou: joining me now is the a-time, suzanne we start with you, is this going to be a deal or are speaker boehner and president obama wasting our time? the sticking point is not the tax rates, i think that real sticking point is cuts, democrats are not willing to put forward enough cuts to get republicans to say what they promised they would do, at least consider the rate going up. lou: this -- president comes with a dial, most recent c
maybe, a deal that some conservatives say could cost speaker boehner his job. the a-team coming up next. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethinthe core of my portfolio what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. hares by blackrock. call 1-800-ishares for a prospectus which includes...
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that's why most lawmakers are not boxing boehner in. would you go for that? >> i think we have to look at the whole package and as i've said, let's leave everything out here. >> reporter: now, boehner said publicly he is still optimistic about getting a deal done but privately in that meeting with house republicans today, several lawmakers came out and told us that the speaker told them not to make any plans for christmas. wolf? >> does that mean all 435 members of the house, 100 senators are going to be told to stay here during that christmas week leading up to new year's? >> reporter: it is entirely possible. what leaders have done in the past, even as recently as last week, is sent home rank and file members while the leaders stayed and negotiated. but as we get closer to the holidays, it's entirely possible, even maybe probable that they will keep everybody here in case they actually do get a bill and they will be able to pass it fast. we know that when things move, they actually move very quickly and en there's a will to get out of here, particularly as
that's why most lawmakers are not boxing boehner in. would you go for that? >> i think we have to look at the whole package and as i've said, let's leave everything out here. >> reporter: now, boehner said publicly he is still optimistic about getting a deal done but privately in that meeting with house republicans today, several lawmakers came out and told us that the speaker told them not to make any plans for christmas. wolf? >> does that mean all 435 members of the house,...
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speaker boehner's approval rating is taking a beating. the top tax rates that is a core issue for republicans, even though we are hearing from more of them, a handful of members in both the house and senate talking about the likely hood that that will in fact happen. the highest earners will pay more. that would likely be the last piece of the puzzle in a negotiation. i'm hearing from people in both sides say expect this to keep going and a likelihood if a deal is achievable it will happen close to the deadline seems to be the thinking. they are telling everybody to be prepared to be here during the holidays. we are hearing that as well. there is sort of a resignation that it's going to be a long process. >> thank you, kelly. great le appreciate it. the national political reporter for the atlantic democratic strategist keith bicycle in. amy stoddard, associate editor for the hill paper. thank you all for joining us. let me start off with you. we are going to show our audience later the headlines or a couple of the headlines out there. if
speaker boehner's approval rating is taking a beating. the top tax rates that is a core issue for republicans, even though we are hearing from more of them, a handful of members in both the house and senate talking about the likely hood that that will in fact happen. the highest earners will pay more. that would likely be the last piece of the puzzle in a negotiation. i'm hearing from people in both sides say expect this to keep going and a likelihood if a deal is achievable it will happen...
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. >> stephanie: and they're looking at this same polling and yet john boehner is still saying things like this. >> where are the president's spending cuts? the longer the white house walks this process the closer our economy gets to the fiscal cliff. >> stephanie: how many times can the president say it? you know, this is not negotiable. tax rates have to go up on the wealthiest. >> right. well you know, it is a very strange situation. it does feel a lot like groundhog day. but i think john boehner knows what's going to happen and right now, what he's trying to do is make a deal that won't cost him his speakership and it also won't be undermined by people in his caucus. he needs to have a significant share of republican's vote for whatever we do and i think he's trying to do that. that's why he sent us home a day early last week and canceled business this week. i think he's trying to keep his own people out of town so he has more flexibility in coming up with a solution. >> stephanie: you know it seems to me, representative, you described it exactly right. that's the problem is that
. >> stephanie: and they're looking at this same polling and yet john boehner is still saying things like this. >> where are the president's spending cuts? the longer the white house walks this process the closer our economy gets to the fiscal cliff. >> stephanie: how many times can the president say it? you know, this is not negotiable. tax rates have to go up on the wealthiest. >> right. well you know, it is a very strange situation. it does feel a lot like groundhog...
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crisis better, 49% support president obama and the democrats while only 25% support house speaker john boehner and the republicans. so if there's no deal and the tax hikes and spending cuts take effect, we feel the impact. christine romans sat down with this panel for a report on the bottom line. here's part of the conversation she had with a working mom, small business owner and a woman looking for work. >> i have a household to run. still have rent and bills to pay, and i need help. i need help. >> three kids? >> yeah. >> how old are your kids, 23, 18, and 11. >> what do you tell them when they see the economy in front of them and hear all this fighting in washington about the fiscal cliff. you've been looking for a job for more than six months now. are you more optimistic or less than things will turn around next year? >> i believe it's going to turn around. it will probably take a little time, but i think it will. >> you need the government to help now until that happens? >> yes, i definitely do. >> you just had a baby. congratulations. >> thank you. >> are you concerned about your kid's f
crisis better, 49% support president obama and the democrats while only 25% support house speaker john boehner and the republicans. so if there's no deal and the tax hikes and spending cuts take effect, we feel the impact. christine romans sat down with this panel for a report on the bottom line. here's part of the conversation she had with a working mom, small business owner and a woman looking for work. >> i have a household to run. still have rent and bills to pay, and i need help. i...
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it's doing definite damage to boehner's brand. a new "washington post"/abc poll showing voters overwhelmingly disapprove of boehner's handling of the fiscal talks. it's an even split on the president. who is still sticking to his guns, urging the gop to pass tax cuts for the middle class by christmas? >> taxes are going to go up one way or the other. i think the key is to make sure that taxes go up on high end individuals like you and me. we can afford it. it is entirely possible for us to come up with a deal but time is running short. >> right to work is wrong! >>> our other story developing in michigan today, where labor unions are considering a large scale counter offensive. the home of the uaw is now the first blue right to work state after a pair of bills were signed into law by governor rick snyder who appeared on msnbc's "morning joe" today. >> i believe this is pro-worker. because the way i view it is workers now have freedom to choose. this does not deal with organizing at all. this does not deal with collective bargainin
it's doing definite damage to boehner's brand. a new "washington post"/abc poll showing voters overwhelmingly disapprove of boehner's handling of the fiscal talks. it's an even split on the president. who is still sticking to his guns, urging the gop to pass tax cuts for the middle class by christmas? >> taxes are going to go up one way or the other. i think the key is to make sure that taxes go up on high end individuals like you and me. we can afford it. it is entirely...
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and the hard truth is speaker boehner has a difficult task. i believe that he will succeed in bringing his conference around. >> reporter: so a bit of optimism from a leading house democrat there, jon. jon: optimism is in short supply these days. we'll take all of it that we can get i guess. mike emanuel, thanks. >> reporter: thank you, jon. jenna: we're following breaking developments in michigan where governor rick snyder signed two bills into law last night making michigan the 24th right-to-work state. the laws ban unions requiring workers to pay dues or when hired pay equivalent of the dues. here is governor snyder from a news conference last night. >> i view this as an opportunity to stand up for michigan's workers, to be pro-worker, to say here opportunity to give workers a choice, the freedom to choose who they associate with and whether they pay financial dollars to organizations they may not believe are serving their best interests. hopefully those organizations are, and they see value and sign up and pay those dollars. but if they do
and the hard truth is speaker boehner has a difficult task. i believe that he will succeed in bringing his conference around. >> reporter: so a bit of optimism from a leading house democrat there, jon. jon: optimism is in short supply these days. we'll take all of it that we can get i guess. mike emanuel, thanks. >> reporter: thank you, jon. jenna: we're following breaking developments in michigan where governor rick snyder signed two bills into law last night making michigan the...
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john boehner, though, has been really pushing back. he had the news conference yesterday and this is what he said. >> we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. where are the president's spending cuts? the longer the white house slow walks this process, the closer our economy gets to the fiscal cliff. >> so obviously, republicans are trying to change the conversation from taxes to cuts. what do they want? >> well, they want entitlement reform and what we've seen is that the white house has moved a little bit. the president seems to be open to some form of entitlement reform, maybe not what john boehner wants, but they have said in the last couple of days that they will do corporate tax reform. so we are seeing some movement from the white house, but nothing yet from the house republicans. >> all right. john boehner just came to the microphone. he's just met with his caucus. let's see if he has anything new
john boehner, though, has been really pushing back. he had the news conference yesterday and this is what he said. >> we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. where are the president's spending cuts? the longer the white house slow walks this process, the closer our economy gets to the fiscal cliff. >> so obviously, republicans are trying to change...
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boehner tuesday. before boehner took to the house floor to criticize the president. >> the longer the white house ze slow walks this process the closer our economy gets to the fiscal cliff. >> reporter: mr. obama's new proposal lowered his request for tax revenue from $1.6 trillion in ten years to $1.4 trillion.trillion on tuesday the white house threw corporate tax reform into the mix, adding it to the already agreed upon push next year for reform of individual tax rates.dismisse boehner's described it as unrealistic and said the tax revenue was "a red herring." the top senate democrat doubted a fiscal cliff deal would be l cli wrapped in time for christmas. >> i think it's going to be extremely difficult to get it done before christmas. >> reporter: speaker boehner is meeting at this hour with house republicans. despite all the gloom the president said he remains confident a fiscal cliff deal will get done. charlie and norah? >> major garrett thank you. nancy pelosi leads the democratseads in the ho
boehner tuesday. before boehner took to the house floor to criticize the president. >> the longer the white house ze slow walks this process the closer our economy gets to the fiscal cliff. >> reporter: mr. obama's new proposal lowered his request for tax revenue from $1.6 trillion in ten years to $1.4 trillion.trillion on tuesday the white house threw corporate tax reform into the mix, adding it to the already agreed upon push next year for reform of individual tax rates.dismisse...
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we have learned the president and house speaker john boehner have traded new proposal affecting every american's wallets, specifically whether our taxes go up at year's end. jake tapper has the new details. >> reporter: president obama minced no words in an exclusive interview with abc's barbara walters. >> taxes are going to go up one way or another. and i think the key is to make sure that taxes go up on high-end individuals, like you and me, barbara. we can afford it. >> reporter: the president told barbara walters, he remains optimistic. >> are we going to go over the fiscal cliff? >> i'm pretty confident that republicans would not hold middle-class taxes hostage to try to protect taxes for high-income individuals. >> reporter: the president and house speaker john boehner are at least talking. the president made an offer monday, asking for $1.4 trillion in new taxes over ten years. including raising tax rates on the wealthy. the speaker counter on tuesday. offering $800 billion in new tax revenue, all from closing loopholes and limiting deductions. house republicans say they need
we have learned the president and house speaker john boehner have traded new proposal affecting every american's wallets, specifically whether our taxes go up at year's end. jake tapper has the new details. >> reporter: president obama minced no words in an exclusive interview with abc's barbara walters. >> taxes are going to go up one way or another. and i think the key is to make sure that taxes go up on high-end individuals, like you and me, barbara. we can afford it. >>...
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any word on what speaker boehner might say later this morning? >> reporter: well as you said he's meeting with his house republican conference, all the rank and file republicans, as we speak in the room literally right next door to where i am right now. we're going to see our reporting we're going to see what the mood of the republican caucus is, where they stand, because as you know, a big part of the dynamic here that we've been talking about for weeks is the fact that boehner really is a bit ham strung because many in his caucus, most in his caucus really do not want him to give on that big divide over raising tax rates for the wealthiest americans, so we're going to see if there's any give on that in his caucus and of course, what he's going to do here is probably a lot of public posturing, which we heard yesterday and the day before that and the day before that, but got to read between the lines on the public posturing so we'll tell you what happens. >> public postures in washington? never. >> reporter: i know, who knew? >> dana, thank you.
any word on what speaker boehner might say later this morning? >> reporter: well as you said he's meeting with his house republican conference, all the rank and file republicans, as we speak in the room literally right next door to where i am right now. we're going to see our reporting we're going to see what the mood of the republican caucus is, where they stand, because as you know, a big part of the dynamic here that we've been talking about for weeks is the fact that boehner really is...
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boehner says while he considers himself a positive guy he is not convinced an agreement is imminent. >> i was born with a glass half full. i remain the most optimistic person in this town. but we've got some serious differences. >> that's an understatement. the congressional campaign committee is launching a new set of radio and tv ads going after 21 tea party republicans in the house standing in the way of extending the middle class tax cuts. here is an example of the dramatic tv spot after california congressman gary miller. you that holiday season, if you make only one phone call, send only one e-mail, tell congressman gary miller don't drive us off the cliff! >> not bad. the president has used the phrase holding the middle class hostage when he talks about republicans who want to protect the rich at the expense of everyone else so the ads direct people to the web site g.o.p. hostage takers.com. where they aim to collect a half a million signatures in support of a house vote on the senate tax cut bill that's already passed. >>> for those arguing we need lower corporate tax rates t
boehner says while he considers himself a positive guy he is not convinced an agreement is imminent. >> i was born with a glass half full. i remain the most optimistic person in this town. but we've got some serious differences. >> that's an understatement. the congressional campaign committee is launching a new set of radio and tv ads going after 21 tea party republicans in the house standing in the way of extending the middle class tax cuts. here is an example of the dramatic tv...
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speaker boehner commenting earlier this hour about the fiscal cliff negotiations. let's listen. >> this plan does not fulfill his promise to bring a balanced approach to solving this problem. it's mainly tax hikes. and as planned, does not begin to solve our debt crisis. it actually increases spending. >> joined now by an incoming member of the senate, jeff flake, representing arizona's sixth district. good morning. glad to have you. >> thanks for having me on. >> awfully tough to get a read this morning. a lot of the public commentary has been critical, as you know. but we are seeing signs that at least the talks are progressing. we've got counteroffers going back and forth. are you more or less optimistic than you were, say, last week? >> i've gone back and forth week to week. thinking we'll get a deal. then we won't. today, i think it's probably just better than 50/50 that we get a deal. it likely won't be until after christmas. >> yeah, the calendar -- that seems to be the issue right now. you're running out of time to get it done this year. >> it looks like it
speaker boehner commenting earlier this hour about the fiscal cliff negotiations. let's listen. >> this plan does not fulfill his promise to bring a balanced approach to solving this problem. it's mainly tax hikes. and as planned, does not begin to solve our debt crisis. it actually increases spending. >> joined now by an incoming member of the senate, jeff flake, representing arizona's sixth district. good morning. glad to have you. >> thanks for having me on. >>...
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john boehner says the white house is dragging its feet. here is what he said. let's play a chunk. >> where are the president's spending cuts? the longer the white house doesn't move on this the closer we get to the fiscal cliff. >> he says the president is slow walking. the president did an interview with abc news. what the president said to barbara walters. >> we have no make sure middle class taxes don't go up on january 1st. i'm confident that republicans wouldn't hold middle class taxes hostage to try to protect tax cuts for high-income individuals. >> he said he's fine to go over the fiscal cliff. all of those reasons would be reasons to say maybe we're not close to a deal on that do you think he'll get a deal before the end of the year? you are the optimistic one in the relationship here, or will we get one before you go off for christmas break? >> some type of deal. may not have a complete deal. but this issue of tax cuts for those earning less than 250,000, we will get that done. that is something we all agree on. and there may very well be parts of thi
john boehner says the white house is dragging its feet. here is what he said. let's play a chunk. >> where are the president's spending cuts? the longer the white house doesn't move on this the closer we get to the fiscal cliff. >> he says the president is slow walking. the president did an interview with abc news. what the president said to barbara walters. >> we have no make sure middle class taxes don't go up on january 1st. i'm confident that republicans wouldn't hold...
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boehner responded with a plan that largely sticks to his original offer a week ago. reports say the white house has told republicans it would include an overhaul of corporate taxes in any budget deal. that hasn't been done before. in an exclusive interview with barbara walters of abc news, president obama says he still expects a deal before the end of the year. >> i remain optimistic that there are enough people of goodwill in this town that recognize our economy will be much better off. american families will be much better off if we get this done. the most important thing we can do is make sure that middle-class taxes do not go up on january 1. and i'm pretty confident that republicans would not hold middle-class taxes hostage to try to protect tax cuts for high-income individuals. >> prediction -- are you going to be able to raise taxes, yes or no? >> oh -- taxes are going to go up one way or the other. >> they are? >> i think the key is to make sure that taxes go up on high-end individuals like you and me, barbara. we can afford it. >> you can see the rest of tha
boehner responded with a plan that largely sticks to his original offer a week ago. reports say the white house has told republicans it would include an overhaul of corporate taxes in any budget deal. that hasn't been done before. in an exclusive interview with barbara walters of abc news, president obama says he still expects a deal before the end of the year. >> i remain optimistic that there are enough people of goodwill in this town that recognize our economy will be much better off....
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to which boehner replied, whatever times infinity. to which obama replied, damn, he went for infinity it will? it is like chirp, you have to admit. also the good news is, i hear they are making progress. i think good news. who knows. behind the scenes. it's in front of the cameras when they choose to show they're not making progress. >> steve: they don't want to tip their hands. they want to make it seem like they're going for the biggest deal as possible. >> gretchen: if only it weren't so serious for the future of our nation and our children. >> brian: can i name drop? >> steve: go ahead. >> brian: jane krakowski. >> steve: she's phone feet away. -- ten feet away. she's been to the show many, many times. >> gretchen: she has. i like your shoes. >> thank you. >> brian: i cannot figure out -- >> steve: that says christmas. >> brian: who has been on more, jane or shaquille o'neal. >> steve: jane. >> brian: very similar question. laci peterson let's do a couple -- >> gretchen: let's do a couple headlines. the man charged with killing et
to which boehner replied, whatever times infinity. to which obama replied, damn, he went for infinity it will? it is like chirp, you have to admit. also the good news is, i hear they are making progress. i think good news. who knows. behind the scenes. it's in front of the cameras when they choose to show they're not making progress. >> steve: they don't want to tip their hands. they want to make it seem like they're going for the biggest deal as possible. >> gretchen: if only it...
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president obama and speaker boehner are keeping an open dialogue. speaking on the phone yesterday after trading secret proposals to avoid the year-end deadline. with few details revealed, officials say the president lowered his initial asking price on tax cuts to $1.4 trillion. president boehner took his displeasure to the house floor. >> we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. where are the president's spending cuts? the longer the white house slow-walks this process, the closer our economy gets to the fiscal cliff. >> president obama responded, showing republicans where they could find the details. >> it's not a mystery. we've seen this before. this is the document that contains the specific spending cuts. the speaker of the house sent us a proposal that was two pages long that included one sentence on revenue. the proposal here includes, i believe from pages 17 to 45, details on proposed spending cuts by the presi
president obama and speaker boehner are keeping an open dialogue. speaking on the phone yesterday after trading secret proposals to avoid the year-end deadline. with few details revealed, officials say the president lowered his initial asking price on tax cuts to $1.4 trillion. president boehner took his displeasure to the house floor. >> we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he...
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boehner then responded, saying, "i've sent the president our proposal. if he doesn't like our plan, he should come back with a plan of his own." obama responded to that saying, "maybe i will." [ laughter ] which boehner replied, "maybe i will." and mr. obama replied "whatever." mr. boehner replied "whatever times infinity," to which obama replied, "damn, infinity. you win for now." >>> if only it were that simple. well, it is 12/12/12, and over a dozen superstars will be getting together for this huge sandy relief concert. this will be massive and will be broadcast to over 2 billion homes worldwide, making it the most widely distributed music event in history. the lineup just as huge -- bon jovi, kanye west, paul mccartney, bruce springsteen, many, many more. it's going to be pretty incredible. >>> so, in absolutely shocking news -- i know you'll be floored about this one, dylan -- a reality series is being sued for staging events, allegedly, in the show. ame's "storage wars" is accused of planting valuable and unusual items on the show. a former cast me
boehner then responded, saying, "i've sent the president our proposal. if he doesn't like our plan, he should come back with a plan of his own." obama responded to that saying, "maybe i will." [ laughter ] which boehner replied, "maybe i will." and mr. obama replied "whatever." mr. boehner replied "whatever times infinity," to which obama replied, "damn, infinity. you win for now." >>> if only it were that simple. well, it is...
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more fiscal cliff talks between president obama and house speaker john boehner. what could this mean for the deadline as it approaches? the story, coming up. they see more than themselves. so we celebrate our year-end with the "share the love" event. get a great deal on a new subaru and 250 dollars goes to your choice of five charities. by the end of this, our fifth year, our total can reach almost 25 million dollars. it's a nice reflection on us all. now through january 2nd. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. [ male announcer ] to l
more fiscal cliff talks between president obama and house speaker john boehner. what could this mean for the deadline as it approaches? the story, coming up. they see more than themselves. so we celebrate our year-end with the "share the love" event. get a great deal on a new subaru and 250 dollars goes to your choice of five charities. by the end of this, our fifth year, our total can reach almost 25 million dollars. it's a nice reflection on us all. now through january 2nd. i have a...
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boehner is demanding more details on spending cuts. the administration has made expensive proposals to reduce spending, but the republicans haven't offered specifics on revenue hikes. >>> today the federal reserve wraps up its two-day meeting with a decision at 12:30 eastern followed by updated economic projections from fomc members at 2:00 p.m. and ben bernanke's press briefing at quarter past. the fed is expected to announce a new round of bond purchases as its latest program, operation twist, is set to expire at the end of the month. cnbc will begin at 12:00 p.m. eastern. >>> joining us is stewart richardson, partner at rpmg. the press conference -- we'll hear a fresh round of stimulus from the fed. how significant would that be? >> in my mind it's not that significant. i think as optics, people think this is another addition to the stimulus. the fact is that the fed for months and months and months when they go out to purchase longer term treasuries, they're trying to reduce the supply of those in the market and effectively swap sh
boehner is demanding more details on spending cuts. the administration has made expensive proposals to reduce spending, but the republicans haven't offered specifics on revenue hikes. >>> today the federal reserve wraps up its two-day meeting with a decision at 12:30 eastern followed by updated economic projections from fomc members at 2:00 p.m. and ben bernanke's press briefing at quarter past. the fed is expected to announce a new round of bond purchases as its latest program,...
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. >> there seems to be a strange disconnect between speaker boehner and the president. when you compare it to tip o'neill and ronald reagan or newt gingrich in the second term of bill clinton. both told me, clinton and gingrich, they would get in a room, throw out the advisers and thrash out a deal. >> maybe they began that an sunday. i have the feeling that if you really left it to the president and the speaker, obama and boehner, they could work it out. they got forces behind both that will try to separate them, but that's where their leadership comes into play. look, this country -- i'd rather be an american economically poised for the future than a citizen of any other country in the world. what's standing in the way of us really surging economically is the government, and if we can get together and adopt a bipartisan long-term debt reduction plan, i think our economy's going to take off. >> i want to get into foreign policy now. you are the three amigos, the experts in this genre. i want to talk about the middle east exploding that you've hinted at and also benghaz
. >> there seems to be a strange disconnect between speaker boehner and the president. when you compare it to tip o'neill and ronald reagan or newt gingrich in the second term of bill clinton. both told me, clinton and gingrich, they would get in a room, throw out the advisers and thrash out a deal. >> maybe they began that an sunday. i have the feeling that if you really left it to the president and the speaker, obama and boehner, they could work it out. they got forces behind both...
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we know president obama and house speaker boehner sat down for a no cameras meeting over the weekend. the competing offers come after both sides aired sharp differences on the house floor. watch. >> where are the president's spending cuts? the longer the white house slow walks this process the closer the economy gets to the fiscal cliff. >> where are the revenues? where are the revenues? regardless of the cuts or changes of entitlements more is demanded in terms of what seniors would have to pay in to a medicare and what age that would happen. while the republicans refuse to touch one hair on the head of a the wealthiest people in our country. >> when it comes to taxes the top senate republicans said it was time for his party to give in and move on. >> what the president is trying to the achieve on the top two tax rates, you know, he can get by doing nothing. the law is certainly stacked in his favor. >> sharing the view a tack increase is all but inevitable. >> senator coburn is joining us now. you have said the tax rates are going up on the wealthiest 2% of a americans. it sounds li
we know president obama and house speaker boehner sat down for a no cameras meeting over the weekend. the competing offers come after both sides aired sharp differences on the house floor. watch. >> where are the president's spending cuts? the longer the white house slow walks this process the closer the economy gets to the fiscal cliff. >> where are the revenues? where are the revenues? regardless of the cuts or changes of entitlements more is demanded in terms of what seniors...
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Dec 12, 2012
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they are part of boehner's strategy team? in the meantime, the white house is hitting back at boehner and the gop tactics. >> a question of whether or not we have specific spending cuts, the answer is we have. i understand they may not agree with all of it. but it exists. >> i'm joined by illinois congresswoman january schakowsky joining us tonight. congresswoman, good to have you with us. >> thanks, ed. >> harry reid now says it's going to be awful hard to reach a deal by christmas. where is this all heading, in your opinion? >> the republicans are in total disarray. i think john boehner went to the floor today to encourage his -- or to placate his tea party people saying the real answer is in more cuts and the president has to be clear about the cuts, which as you said, and pointed out, that we have been very explicit about that. i think it's going to be very hard for us at the end of the day and the end of the day is december 31, to come up with a final deal. and i think it only gets worse for the republicans. look, they w
they are part of boehner's strategy team? in the meantime, the white house is hitting back at boehner and the gop tactics. >> a question of whether or not we have specific spending cuts, the answer is we have. i understand they may not agree with all of it. but it exists. >> i'm joined by illinois congresswoman january schakowsky joining us tonight. congresswoman, good to have you with us. >> thanks, ed. >> harry reid now says it's going to be awful hard to reach a deal...
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it's president and boehner. so the rest of ru russian us arg on sending messages by coming to your show. >> neil: the message i got is that you are not near a deal. is that accurate? >> guest: that is accurate, but the fact that president obama, speaker boehner met at the white house sunday, they put out the same statement, they haven't said anything for two days. >> neil: speaker boehner did. he was griping about the president not giving specific on spending. nancy pelosi was saying, you know, boehner is wrong. >> you have to reach to find encouraging news right now. everybody thinks we are going to get together and not let the country go over the fiscal cliff, which, of course, in all common sense and sanity that's what we would do. we have to act. we're on automatic here. you know that. right now i can feel the contrary happening. in both caucuses and the senate, people are beginning to to the inside interest groups so the democrats say don't touch entitlement programs and republicans say i won't support -- >
it's president and boehner. so the rest of ru russian us arg on sending messages by coming to your show. >> neil: the message i got is that you are not near a deal. is that accurate? >> guest: that is accurate, but the fact that president obama, speaker boehner met at the white house sunday, they put out the same statement, they haven't said anything for two days. >> neil: speaker boehner did. he was griping about the president not giving specific on spending. nancy pelosi was...
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>> we have a statement from john boehner's office. they're saying that they have made a counter proposal now to the white house. let me read you the statement. they say, we sent the white house a counter offer that would achieve tax and entitlement reform to solve our looming debt crisis and create more american jobs. this from the speaker's office. they are also saying that their offer now today was in response to a new offer from the white house. we know that the ap is also reporting that at least partial offers have been exchanged between the two sides over the past two days. so, clearly, what we know here is that paper is changing hands and the deal making is actually happening right now. what we don't know is what the content of that deal is. and speaker's office telling me right now that they're not going to be able to provide any detail on what was in that counter offer, so, behind the scenes, the mystery continues here. >> so, again, we're not necessarily zeroing in on exactly where that revenue comes from, we don't know if it
>> we have a statement from john boehner's office. they're saying that they have made a counter proposal now to the white house. let me read you the statement. they say, we sent the white house a counter offer that would achieve tax and entitlement reform to solve our looming debt crisis and create more american jobs. this from the speaker's office. they are also saying that their offer now today was in response to a new offer from the white house. we know that the ap is also reporting...
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house speaker john boehner saying he wants the president to get serious. he wants a counter offer to the republican offer. there's been no noticeable movement on this in the last couple weeks, and for republicans, and the chairman, he says, look, republicans have bent on taxes. >> in some form or fashion, it's written into current law, unless he changes his mind and as an epiphany he'll have tax revenues, not destaining my best efforts in getting it. >> the president, unlike any other party in the negotiations, put forward detailed spending cuts as well as detailed revenue proposals. >> that's where they are stuck. republicans say want spending cuts in exchange for $800 billion in increased revenue, and the democrats in the white house say we need to know from you, republicans, what spending cuts are on the table, but first thing to do is raise revenue and rates on those earning more than $250,000 a year, and, guys, we are getting close to the point now where congress has to write a bill or agreement they reach, getting down to the wire here. not like you
house speaker john boehner saying he wants the president to get serious. he wants a counter offer to the republican offer. there's been no noticeable movement on this in the last couple weeks, and for republicans, and the chairman, he says, look, republicans have bent on taxes. >> in some form or fashion, it's written into current law, unless he changes his mind and as an epiphany he'll have tax revenues, not destaining my best efforts in getting it. >> the president, unlike any...